My way to class this morning with some of my lovely course mate, someone raise this question that if our government decide to adopt BTC or make BTC legal how will i feel? I told him that the day our government will announce that BTC is now fully legalized in the country, I will throw a big party to host all the bitcoiners in my environment to join me to celebrate. If your government decide to adopt BTC or make BTC legal in your country, how will you feel? Will you be among the people that will be angry because i know there are some people in our various places that think BTC is a scam digital currency which is not true, will you go to make them to understand it better in a positive way?
I will never feel happy if the government imposes a high value tax on bitcoin legitimacy. If legalization is given to improve quality of life and provide opportunities for new investment, it will certainly be commendable. As Bitcoin is helping in different sectors and it has a lot of uses, I really want see Bitcoin in a good position in our country.
Maybe it will be good for the upper class people but not for the lower class, who don't understand the use of Bitcoin, if the government makes a decision to legalize Bitcoin as a means for economic growth, then what has to be done is to teach people who don't understand Bitcoin, from how to use and prospects for the future so they know what they should do when the government really legalizes Bitcoin as the country's currency.